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EOS-X Space raises $120M at $1.2B valuation

1 reports1 report sources7 hours agoUpdate

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EOS-X Space raised €110M ($120M) from Global Emerging Markets at a $1.2B valuation, before it has flown a commercial flight. The company says it now expects to begin commercial balloon flights by the end of 2026. The funds are earmarked to expand EOS-X in the US, add industrial capacity, and develop civil and military technology. Founder Kharbachi said the next commercial flights will launch from a US capsule, with European flights from Spain starting in 2027.

AI-generated from reports · 6 hours agoUpdate

Latest updatesNov 6 18:16
EOS-X Space raises $120M at $1.2B valuation ahead of first commercial balloon flight

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Nov 6
  1. Tech Funding NewsTop Deals
    EOS-X Space raises $120M at $1.2B valuation ahead of first commercial balloon flight

    EOS-X Space raised €110M ($120M) from Global Emerging Markets at a $1.2B pre-commercial valuation.

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